Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
Demand of interest for not depositing tax - The fact remains neither the cheque was returned to the petitioner, nor he was ever informed that the said cheque has been dishonoured by the Bank - The department cannot take the advantage of its own wrong - HC
Demand of interest for not depositing tax - The fact remains neither the cheque was returned to the petitioner, nor he was ever informed that the said cheque has been dishonoured by the Bank - The department cannot take the advantage of its own wrong - HC
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